Country a Would Have an Absolute Advantage Compared to Country

question 213

Multiple Choice

Country A would have an absolute advantage compared to Country B in the production of corn if

• A) corn can be produced at lower cost in terms of other goods than it could be in Country B.
• B) Country A uses fewer resources to produce corn than Country B does.
• C) the demand for corn is higher in Country A than in Country B.
• D) corn sells for a higher price in Country A than in Country B.

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Definitions:

Mainframe Computers

Large, powerful computers used primarily by large organizations for critical applications, bulk data processing, and enterprise resource planning.

Wearable Computers

Electronic devices designed to be worn on the body, such as smartwatches and fitness trackers, offering various functionalities.

More Expensive

Denoting a higher price point or cost in comparison to another item or service, often due to better quality, scarcity, or higher demand.

Trend

A general direction in which something is developing or changing, often identified through analysis of data over time.